Make Money From Home, Get Rich, Make Wealth

Posted by Philip King Affiliate Marketing, Get Online Add comments

Apr 102013

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The Best Way to Make Money

You’ve undoubtedly heard the saying, “The rich get richer, the poor get poorer”. The implication being that the rich somehow feed on the poor. Just think about that for a moment. How true do you think that statement is?

I look at it like this. We are all born with nothing, not even the clothes on our backs. From that moment on we start to gather the riches that will follow us through life. To begin riches, both physical and ethereal are given to us without though of repayment. As we move forward through life a repayment or exchange, in one form or another, is required.

Depending upon the amount of effort you are willing to put into this give and take, will depend upon how rich you become. This applies to both your financial and spiritual life.

There’s No Such Thing as a Free Lunch

As everyone knows, money doesn’t grow on trees. In fact, it generally calls for a great deal of work. There is the possibility of winning the lottery, but I wouldn’t build your career on that probability.

As we move from childhood to adulthood, most realize that a higher education leads to more money, whilst physical labour, although bringing a regular pay check, will never make us rich. It soon dawns of most of us that to get rich you have to use your brains, not your muscles.

As we move forward through life we become wiser and smarter (hopefully) and as a consequence more and more money making opportunities becoming available. Just think of it this way, the opportunities open to your parents when they were your age are quite different from what they are today. Not only are there many more options to make yourself rich today but the timeframe for doing so is considerably shorter. Thanks to the internet you could make millions overnight on Forex for example.

Don’t Get Rich Quick

Most people are looking for the best ways to make money. However, what most people are really looking for are get-rich quick schemes. This is why the poor buy more lottery tickets than the rich. Unfortunately, there are not many of these get-rich quick schemes that actually work.

Build a Portfolio of Stocks and Shares

This does not mean there aren’t great ways to earn a significant amount of money in a relatively short period of time. One of the best and possibly quickest ways to make money is through stock trading. Build a portfolio of stocks and shares. This doesn’t mean you will get rich through stock trading. You could lose every penny you have (and a lot of people have lost every penny). If you are completely new to the stock market, then use your brains and get advice. Check out helpful websites like etrade.com and eztrader.com. These are stock based websites that can assist you with learning the ropes when it comes to stock buying and trading. If you fancy the foreign exchange market (forex, FX) then try one of the free trading accounts supplied by companies such as FXPrimus.

Definition of ‘Stock Market’
A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. (Wikipedia)
Definition of ‘Forex, FX Market’
The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters’ dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies. (Wikipedia)

Affiliate Marketing

Are you reasonably smart? Can you use a computer? If then answer is yes to both these questions then one of the best ways to make money is with website publishing or ad revenue. You will need to get-online and learn how to build a simple website or blog (or have someone write it for you) and then write articles in your selected niche with will attract visitors. This is a wonderful way to begin earning some additional income on the side and can be very good work from home venture.

Many experienced bloggers and web publishers know that one of the best ways to make money with the Internet is through monthly ad revenue checks from companies such as ClickBank and Google AdSense. When people visit your site and click on the advertisements, you earn money. If you’re completely new to affiliate marketing then try one of the many Affiliate Marketing Training courses.

Develop Property

Buying, developing and selling property is a well-established way to build a significant capital position. One of the key elements is that by borrowing money you can gain leverage on your investment. As a buy to let investor (BLT) you would buy a property on a buy-to-let mortgage where you provide 30% and borrow 70% of the property value. You then rent the property out with a rental income which pays the mortgage and gives you a little capital return. You can then develop the property and sell it for a substantial profit or build a rental empire. Your main jog is to select the right properties in the right areas and develop them wisely. In the long term property remains a proven way to accumulate wealth.

The Long Term Investment

Whilst earning your millions don’t get trapped in the moment, consider also investing for the long term. Think about your eventual retirement and invest in a good pension plan. In the UK, this is also financially sound advice as pension investment can be tax free. The more money you put into this account, the better off you will be down the road. It is a wonderful feeling to know that you will have some money set aside for retirement.